Trading Ideas
Month: August 2021
Trading Ideas
Trading Ideas
Trading Ideas
Trading Ideas
Trading Ideas
Trading Ideas
Geothermal Energy Stocks to Watch
As clean energy continues to expand, geothermal energy stocks could play a critical role in addressing global energy supplies. Renewables continue to stand out as one of the fastest-moving energy sectors. Also, the cost of solar, wind and battery storage are continuously improving. But where does geothermal energy factor into all of this?
Geothermal Energy Advancement
David Fessler is the Engineering Strategist of The Oxford Club. Dave has been trading stocks for more than 50 years. Over that time, his electrical engineering background has helped him identify many profitable clean energy investments. He recently wrote about geothermal energy stocks as a promising …read more […]
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What is a Closing Entry?
Financial records don’t just “end” when the fiscal year does. Companies often have a variety of accounts still open and active. To “close the books” on the period and establish the baseline for the next one, companies need to close active accounts using a closing entry.
A closing entry is a journal entry made at the end of an accounting period to zero-out temporary accounts and shift their balances to permanent accounts. These temporary accounts can be revenue, expenses and dividends—all of which can be closed out at the end of the fiscal year. The process of closing these …read more […]
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The Best Airline Stocks to Buy in 2021
The airline industry has always been known for being notoriously tough. Its profit margins are razor-thin and can be as low as 1%. This means that if you buy a $300 ticket, the airline is probably only making about $3 in profit. The rest of that money goes to paying for fuel, salaries, ownership costs, government/taxes, maintenance and other costs.
However, flying is also a necessary expense for most people. If you need to travel across the country, flying is about the only option. This makes airlines almost essential in today’s society and could mean that airline stocks might be useful …read more […]
Trading Ideas